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Whether to decentralize and how to decentralize? : the optimal fiscal federalism in an endogenous growth model
Chen, Xiaodong; Mi, Haoming; Zhou, Peng - 2023
We develop an endogenous growth model with public consumption and infrastructure services provided by two-tier governments. Growth performance and welfare implication are compared under the centralized and decentralized fiscal federal systems. In general, there is a trade-off between welfare and...
Persistent link: https://www.econbiz.de/10014456585
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The state, the market, and development
Stiglitz, Joseph E. - 2016
The state has played a major role in the most important developmental successes. This paper discusses the advances in our understanding of the role of the state in the developmental process over the past thirty years, and the contribution to those advances played by changes in economics, changes...
Persistent link: https://www.econbiz.de/10011473933
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Whether to decentralize and how to decentralize? : The optimal fiscal federalism in an endogenous growth model
Chen, Xiaodong; Mi, Haoming; Zhou, Peng - In: Applied economics 56 (2024) 29, pp. 3499-3516
Persistent link: https://www.econbiz.de/10014528561
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Whether to decentralize and how to decentralize? The optimal fiscal federalism in an endogenous growth model
Chen, Xiaodong; Mi, Haoming; Zhou, Peng - 2023
We develop an endogenous growth model with public consumption and infrastructure services provided by two-tier governments. Growth performance and welfare implication are compared under the centralized and decentralized fiscal federal systems. In general, there is a trade-off between welfare and...
Persistent link: https://www.econbiz.de/10014480479
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The impact of fiscal decentralization on growth, inflation and inequality in the Americas
Bojanic, Antonio - In: CEPAL review (2018) 124, pp. 57-77
Persistent link: https://www.econbiz.de/10012000199
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Economics of devolution/decentralization in the UK: Some questions and answers
Mcgregor, Peter; Swales, Kim - In: Regional Studies 39 (2005) 4, pp. 477-494
McGregor P. G. and Swales K. (2005) Economics of devolution/decentralization in the UK: some questions and answers …, decentralization and delegation of decision-making and policy delivery initiated by the post-1997 UK Labour Government. It is argued …
Persistent link: https://www.econbiz.de/10005491448
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The impact of fiscal decentralization on growth, inflation, and inequality in the Americas
Bojanic, Antonio - 2016
Persistent link: https://www.econbiz.de/10011523603
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Fiscal decentralization, corruption, and income inequality : evidence from Vietnam
Nguyen Thanh Hung; Thuy Hoang Ngoc Vo; Duc Doan Minh Le; … - In: Journal of Asian finance, economics and business : JAFEB 7 (2020) 11, pp. 529-540
Persistent link: https://www.econbiz.de/10012671772
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The impact of fiscal decentralization on income and education inequality through economic growth in East Java
Ghofur, Muhammad Abdul; Rachmawati, Lucky - In: Oradea journal of business and economics 4 (2019), pp. 90-98
Persistent link: https://www.econbiz.de/10012159566
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Fiscal decentralization, economic growth, and human development : empirical evidence
Nguyen Thanh Hung; Su Dinh Thanh - In: Cogent economics & finance 10 (2022) 1, pp. 1-17
The objective of this paper is to examine the simultaneous relationship between fiscal decentralization, economic … that the significant relationship does exist between fiscal decentralization, economic growth, and human development from … decentralization, respectively. These results hold true with alternative estimation methods and sub-indexes of decentralization …
Persistent link: https://www.econbiz.de/10013400087